Latin America & Caribbean (excluding high income) vs Mongolia: Trade
Trade over time
- Latin America & Caribbean (excluding high income)
- Mongolia
How they compare
Mongolia currently reports 130.7% against 47.5% in Latin America & Caribbean (excluding high income), a difference of 83.2%.
That makes Mongolia's figure about 2.7 times Latin America & Caribbean (excluding high income)'s.
Across all 45 years both countries report, Mongolia has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 35th and Mongolia ranks 37th of 43 groups.
Mongolia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 26.3% | 94.4% | 68.1% | Mongolia |
| 1990s | 27.6% | 96.9% | 69.4% | Mongolia |
| 2000s | 36.5% | 119.0% | 82.5% | Mongolia |
| 2010s | 42.0% | 110.7% | 68.7% | Mongolia |
| 2020s | 48.4% | 130.0% | 81.7% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade, Latin America & Caribbean (excluding high income) or Mongolia?
- Mongolia, at 130.7% against 47.5% in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in trade between Latin America & Caribbean (excluding high income) and Mongolia?
- 83.2%, with Mongolia ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Mongolia?
- 45 years are reported by both, from 1981 to 2025.
- How do Latin America & Caribbean (excluding high income) and Mongolia rank globally for trade?
- Latin America & Caribbean (excluding high income) ranks 35th and Mongolia ranks 37th of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.